The market has seen a definite resistance line since it first tested 2000 back in July. It’s second attempt to break through came in September and the third attempt came in late November and early December and now it is trying to break out to the upside once more. Note that the second attempt was two months after the first and third was a little over two months but this test is only one month after the previous one with a very sharp rebound. In today’s post Chris Ciovacco will look at the possibilities.
Tools for Technical Analysis
